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Why do we have so many regulators, CEOs ask Arun Jaitley

PM Modi to meet top CEOs today; jobs, governance to be discussed

Narendra Modi, Modi
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Narendra Modi

Sanjeeb Mukherjee New Delhi

Young CEOs on Monday expressed concern at the multiplicity of regulators and quizzed the government over evaluation of their performance.  

"Why do we have so many regulators? Who evaluates their performance?" they asked Finance Minister Arun Jaitley on the first day of a two-day CEOs conference under the ‘Champions of Change’ programme being organised by the NITI Aayog. The CEOs will be addressed by Prime Minister Narendra Modi on Tuesday. 

Responding to the query, Jaitley said regulators are needed. "But, where the work is inadequate is that three or four bodies do the work of one regulator," he